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president obama says, quote, we do not have a spending problem. interesting situation. check the market, dow industrials down 55 points. take a look at the big board. 55 points down. sears is down again. nicole: the ceo at ambrosia is stepping down and lambert moving into the role temporarily. here is the stock down 7-1/4%, some good sales recently, same-store sales, analysts say they were not as bad as they were anticipating. despite the s&p sales numbers we are seeing stock moving dramatically to the downside down 7-1/4%. stuart: well said. a new study says that college professors have the most stress free jobs in the country. a month off in winter, the entire summer off, yearlong sabbaticals full repay. at 10:35 we will ask a college professor is that really the case? i am about to make myself wildly unpopular in some circles. here's my take on the flu. we are told it is an epidemic, it is sweeping the country, record numbers coming down for the nastiest flu bug in years. some of you watching this right now may be at home in bed suffering. i feel for you. i really do
president obama says, quote, we do not have a spending problem. interesting situation. check the market, dow industrials down 55 points. take a look at the big board. 55 points down. sears is down again. nicole: the ceo at ambrosia is stepping down and lambert moving into the role temporarily. here is the stock down 7-1/4%, some good sales recently, same-store sales, analysts say they were not as bad as they were anticipating. despite the s&p sales numbers we are seeing stock moving...
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house chief of staff jack lu as the next treasury secretary. with the reaction and what this means for the dead feeling fight, the fight over spending and tax increases, we go to bret baier. bret, you certainly know washington. what does this mean about the upcoming fight with republicans? >> good morning. republicans did not think that they had a real great partner in the negotiation the first time on the debt ceiling when they were working with jack lu. in fact, speaker boehner and some of the aids back in the summer of 2011 that he was kind of uncompromising. some called him the know it all. they really did not like the whole exchange with loopback then. democrats say that he is a tough negotiator and a guy that knows all of the numbers. he is kind of a policy whiz when it comes to the budget. he is a former director and not obama and clinton administration. he will get tapped to be the next treasury secretary, obviously, if confirmed. he has a very close working relationship with president obama. that really is the biggest asset when you ta
house chief of staff jack lu as the next treasury secretary. with the reaction and what this means for the dead feeling fight, the fight over spending and tax increases, we go to bret baier. bret, you certainly know washington. what does this mean about the upcoming fight with republicans? >> good morning. republicans did not think that they had a real great partner in the negotiation the first time on the debt ceiling when they were working with jack lu. in fact, speaker boehner and some...
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cents and what will others in obama's economic circles do in the months ahead? you called the jack thing a long time ago. >> yeah, we were the first to report he was on the short list, at the top with larry fink and i think larry would be a better treasury secretary, and then, i think bloomberg reported another name, that was not in my mind. jack lew, a guy that does a lot of legislative stuff, budget director, he's in there. he's gone. what will geithner do? he's taking geithner's place. this is what geithner is telling friends. he wants a detox. he may take the year off, and his plans, according to friends who geithner spoke with directly, his plans are to write a book. he wants to write a book about the service in government. remember, he was the fed chairman, new york fed president, important job in the financial crisis, went from the fire to the -- frying pan to the fire as treasury secretary in president obama's first year, and he plans to pin this, who is the publisher? i don't know he will not have a problem getting a publisher. if it's written well and
cents and what will others in obama's economic circles do in the months ahead? you called the jack thing a long time ago. >> yeah, we were the first to report he was on the short list, at the top with larry fink and i think larry would be a better treasury secretary, and then, i think bloomberg reported another name, that was not in my mind. jack lew, a guy that does a lot of legislative stuff, budget director, he's in there. he's gone. what will geithner do? he's taking geithner's place....
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bill: on the topic of money, president obama is settling on the new pick for treasury secretary. he might announce it sometime this week. jack lew would replace timothy geithner if confirmed. prior to this role he was the direct are to you of office of management and budget. before that lew was the first deputy secretary of state and management resources. martha: washington is still reeling from the president's nomination of chuck hagel as the next secretary of defense. new hampshire senator kelly ayotte, one of a chorus of critics slamming the former nebraska senator. she says this. while i deeply respect senator hagel's service in vietnam i'm concerned by several boxes he took as senator, longstanding opposition to increase iran sanctions and his regarding hezbollah and hamas as well as our close al eye israel. senator hagel has one big fan, he has a lot of fans. this one is raising eyebrows the rogue nation of iran. a foreign ministry spokesman calls the nomination, a sign of quote, practical change to american foreign policy. he predicts that if hague bell is appointed relati
bill: on the topic of money, president obama is settling on the new pick for treasury secretary. he might announce it sometime this week. jack lew would replace timothy geithner if confirmed. prior to this role he was the direct are to you of office of management and budget. before that lew was the first deputy secretary of state and management resources. martha: washington is still reeling from the president's nomination of chuck hagel as the next secretary of defense. new hampshire senator...
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timothy geithner is getting ready to cash out as treasury secretary. now we know who will likely replace them. fox news is confirming president obama is expected to nominate jack lieu the white house chief of staff in that position. it will likely happen by next week. they will have to confront the debt ceiling. lew was white house director back in 2011. the search will resume this morning for two teenagers who fell through a frozen lake in new jersey. neighbors say they heard people yelling for help last night. they saw the boys struggling down in the water. two neighbors tried to help the boys but they had to turn back because it was too dangerous. crews searched for hours last night. so far no signs of the boys. >>> the preliminary hearings for the accused gunman in colorado continues today. haunting details about the july hooting were revealed including that holmes bought his movie ticket 12 days before the movie. veteran officers fought back tears as they described stepping over their victims inside that theater and rushing them to the hospital. d
timothy geithner is getting ready to cash out as treasury secretary. now we know who will likely replace them. fox news is confirming president obama is expected to nominate jack lieu the white house chief of staff in that position. it will likely happen by next week. they will have to confront the debt ceiling. lew was white house director back in 2011. the search will resume this morning for two teenagers who fell through a frozen lake in new jersey. neighbors say they heard people yelling...
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now we know who will replace him as treasury secretary. fox news confirming president obama is choosing jack lew. casey anthony lawyers will appeal today. anthony was found guilty of lying to detectives. >>steve: you might have said you liked it when you got it, but what do you do with all those christmas presents if you didn't really like them and don't really need them? don't feel bad because roughly 10% to 15 partly cloudy of all christmas gifts are taken back or exchanged. that adds up to nearly $88 billion worth of things. how can you turn your unwanted gifts into cash? we are joined by an expert, sandra smith. good morning to you. >> good morning. >>steve: for one reason or another we get stuff for christmas maybe we don't need. we've got four of those already. you've got a way you can make some money. >> you can open a closet and dedicate it to all those unwanted christmas gifts and use them throughout the year. maybe you get candles and soaps you may not want. however you may be going to a dinner party later in the year -- >>steve:
now we know who will replace him as treasury secretary. fox news confirming president obama is choosing jack lew. casey anthony lawyers will appeal today. anthony was found guilty of lying to detectives. >>steve: you might have said you liked it when you got it, but what do you do with all those christmas presents if you didn't really like them and don't really need them? don't feel bad because roughly 10% to 15 partly cloudy of all christmas gifts are taken back or exchanged. that adds...